33:4-5 The two qualities of God that the writer stressed in this second section of the psalm are that Yahweh is dependable and righteous. We can rely on everything He says and does, and He does what is right in loyal love for His people.
33:6-11 These verses expand the idea that God is reliable (v.4).
Verses 6-7 describe creation as coming into existence by the word of God.
Verses 8-9 draw a conclusion from these facts, namely that since by His word God created the world everyone should reverence Him.
Verses 10-11 depict God's word as determining what has happened in history since the creation. What the Lord says takes place regardless of the plans of people and nations. His works prevail.
33:12-19 This section expounds the thought of the Lord's righteousness and loyal love (v. 5).
The psalmist rejoiced that he and his nation were the elect of God and the recipients of His covenant faithfulness (v. 12).
Some people do not experience more divine blessing than others because God is more aware of some people than He is of others (vv. 13-15). He is equally aware of everyone. He does not grant victory to some armies more than to others because one army is stronger than another (vv. 16-17). God chooses to bless those who fear Him and rely on His promised love (vv. 18-19).