A Commentary, Critical, Practical, and Explanatory on the Old and New Testaments, by Robert Jamieson, A.R. Fausset and David Brown [1882] at sacred-texts.com
Blessed--literally, "oh, the happiness"--an exclamation of strong emotion, as if resulting from reflecting on the subject. The use of the plural may denote fulness and variety (Ch2 9:7).
counsel . . . way . . . seat--With their corresponding verbs, mark gradations of evil, as acting on the principles, cultivating the society, and permanently conforming to the conduct of the wicked, who are described by three terms, of which the last is indicative of the boldest impiety (compare Psa 26:4-5; Jer 15:17).
law--all of God's word then written, especially the books of Moses (compare Psa 119:1, Psa 119:55, Psa 119:97, &c.).
like a tree-- (Jer 17:7-8).
planted--settled, fast.
by--or, "over."
the rivers--canals for irrigation.
shall prosper--literally, "make prosper," brings to perfection. The basis of this condition and character is given (Psa 32:1).
not so--either as to conduct or happiness.
like the chaff--which, by Eastern modes of winnowing against the wind, was utterly blown away.
stand in the judgment--be acquitted. They shall be driven from among the good (Mat 25:45-46).
knoweth the way--attends to and provides for them (Psa 101:6; Pro 12:10; Hos 13:5).
way of the wicked--All their plans will end in disappointment and ruin (Psa 37:13; Psa 146:8; Pro 4:19).