I translate mimicking the word order placement in Hebrew, to give you a sense of how verbs may precede or follow their subject. In the case of verse 3, I reviewed multiple translations and looked up the majority of the words in the Brown-Drivers-Briggs Hebrew-English lexicon (BDB).
כָּל-קֹוֶיךָ לֹא יֵבֹשוּ
יֵבֹשוּ הַבּוֹגְדִים רֵיקָם
Yo! All of those waiting for You will not be shamed
Shamed: those who deal treacherously in vain.
Robert Alter points out the chiastic structure of this verse. The layout A B B A, represents a chiasm. In this case: subject verb verb subject, first verset ending with the exact word beginning the second verset.
Shame, honor, social order
I have to imagine that for the psalmist, honor was most important. Similar to the way my Chinese partner describes ’saving face’ as a paramount value in Asian culture. The shame feared in this verse is larger than the personal feeling 21st century readers may imagine. Less tied to personal guilt, or personal identity — this is societal debasement. The message is clear: believers should prosper, swindlers should not.
The poem has not yet provided insight into the nature of the Divine or what it means to follow the Divine. Those pools will flow later. The key hinted at in this early verse is that the path of HaShem is the ethical one. Google / Oxford Languages defines “treacherous” as: “guilty of or involving betrayal or deception.” BDB defines habogdim as the ones who “deal treacherously, faithlessly, deceitfully in the marriage relation, in matters of property or right, in convenant, in word and in general conduct.”
This chiasmus gives me infinite hope. No longer do I need to see Judaism as telling me to feel shame for every single mistake I make, weighing me down with the infinite ways I am not living up to my vision for myself. Rather, girded by my belief in Goodness and Truth, I wait for the Divine as I move towards my vision for myself. I remember I am not the worst person in the world. I can remember that in the end, my word matters and my choice to be truthful matters. Liars who manipulate for their own gain reap what they sow. The parts of me that attempt to focus my attention on anger and resentment; my Yetzer HaRa, my inclination towards chaos, will be disappointed.