Mankind has deliberately rebelled against God, and unless they submit they will be punished (5, 9 & 12).
Raging against God is irrational – God exists and will destroy those who hate him; those that do not believe in Him or trust Him.
The Psalm is about King Messiah – Yeshua or Jesus Christ. The person, to whom the Psalmist (Father, Son and Holy Spirit) is speaking, is being told that the entire world is being placed under his authority and those that don’t obey will be punished.
“Thou art my Son; this day have I begotten thee.”
The world – its people have conspired against God. The Theory of Evolution is currently its main instrument, accepted as truth, when it is a lie, leading most to accept unnatural acts such as homosexual relations and same-sex marriages – and here, in this Psalm, we have God laughing at their stupidity (4) and questioning their sanity (1) which is clearly lacking in all nations.
In this Psalm we observe the three persons of the trinity conversing: the Father, Son and Holy Spirit in which they demonstrate the absolute sovereignty of God. They remark on the stupidity of nations, in particular its leaders – kings, presidents or prime ministers etc. - who believe they are somehow superior to God, or God does not even exist!
The Psalm states Jehovah (Yewah) will glorify His Son. It of course speaks to every human being – God is Sovereign and His Son will rule this earth. All will need to submit to the Messiah, the Son of God. Those that don’t will be punished.
Stanza 1 -3 The nations rage against God
Stanza 4 – 6 The Lord derides that nations
Stanza 7 – 9 The degree is proclaimed: the Son has been elected to be King over all.
Stanza 10 – 12 Advice for the nations, in order to be saved.
The sovereignty of the Lord Jehovah is displayed in this Psalm, in particular verse 6. Messiah the King has been given the seat of power and authority as the King over all. Those that reject Him will be held in contempt, rejected and destroyed (5, 9), unless they trust and believe (12) in him by serving the Lord (11).
The Psalm states that all people, and particular their arms of government have been given to the Messiah, along with the entire earth – the ends (or utter parts) of the earth (8), which means the earth in total. They will all come under subjection to the Lord Jesus Christ, the Messiah.
The Psalm sets out an invitation to all – serve the Lord with fear and rejoice with trembling: acknowledge that God is in control because he is sovereign. Failure to obey can only end terribly with much pain and suffering - being thrown into hell after judgement.
Verse 12 states “Kiss the Son”. This is a Hebrew way of saying: “pay homage”. The imperative to all people is that they must pay homage and respect to the Messiah – Jesus Christ else they will be punished.
The first stanza speaks about Yewah (Jehovah, often rendered Lord in modern Bibles) (2) and His anointed (mashiyach), which is a reference to the Messiah (or prince); the Son of God, mentioned by position (son) in verses 7 & 12. The narrator is implied but is the Holy Spirit e.g. verses 2-5.
The Psalm is prophetic – it underscores the Messianic Kingdom (thousand year millennial reign) at which time the Lord Jesus Christ will take up his role as King on the throne of David in Jerusalem (Zion), as promised to David. See also Matthew 25:31, a prophesy of the angel Gabriel to Mary (Luke 1:32-33).
 See also Isaiah 45:23 (quoted in Romans 14:11), and Philippians 2:10.
 See Daniel 9:24-27, Acts 3:15, 5:31, Revelation 1:5, also For unto us a child is born, unto us a son is given: and the government shall be upon his shoulder: and his name shall be called Wonderful, Counsellor, The mighty God, The everlasting Father, The Prince of Peace. Isaiah 9:6 etc. not to muddle with the angel of death, that is Satan e.g. John 12:31, 16:11 where Satan is referred to the prince of this world.
 See also – The Davidic Covenant in The Eight Covenants of God - http://www.life-everlasting.net/pages/messages/God/Eigh covenants of God - summary.php
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