This psalm, Psalm 11 (see after the jump), once again, is a prayer that weaves in and out of theology, plea and reflection — it ponders God as it ponders enemies. John Goldingay sums up what this psalm does in words worth quoting:

“When the foundations collapse, you can (e.g.) flit (like Elijah), seek to rebuild them (like Deuteronomy), preach (like Amos), tell stories to build faith (like Genesis), promise a better future (like Isaiah), or feel overwhelmed (like Ecclesiastes). Or you can just stand tall and look for Yhwh to act, like this psalmist” (1.194).
He begins with his experience: I trust Yhwh, so how can his enemies tell him to flee? But then ponders deeper: what does one do when one’s foundations have collapsed? (v. 3). 
What you can do is begin with God: Yhwh is in his Temple; Yhwh rules from heaven. That Yhwh is watching with all-seeing eyes. He knows all, both those faithful and those faithless. And this Yhwh is against the faithless and he will judge the oppressors and establish justice.
Without some final judgment, there will be and can be no justice.

11:1 In the Lord I have taken shelter.

How can you say to me,

“Flee to a mountain like a bird!

11:2 For look, the wicked prepare their bows,

they put their arrows on the strings,

to shoot in the darkness at the morally upright.

11:3 When the foundations are destroyed,

what can the godly accomplish?”

11:4 The Lord is in his holy temple;

the Lord‘s throne is in heaven.

His eyes watch;

his eyes examine all people.

11:5 The Lord approves of the godly,

but he hates the wicked and those who love to do violence.

11:6 May the Lord rain down burning coals and brimstone on the wicked!

A whirlwind is what they deserve!

11:7 Certainly the Lord is just;

he rewards godly deeds;

the upright will experience his favor.

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