Well, not polka, but this group from Chicago does play instrumental versions of Stooges classics on trombone and tuba (and drums). No guitars, tho it does sound rather dirty 'n' distorted at times. It also sounds really, really good.
The Ridiculous Trio Plays The Stooges
02.Down On The Street
03.I Want to Be Your Dog
05.She Creatures Of The Hollywood Hills
06.Scene Of The Crime / Death Trip
08.We Will Fall