But with you there is forgiveness, that you may be feared. Psalm 130:4
What a precious verse! It doesn't say that we should fear God because He wants to squash us for our sinfulness. It says that we fear Him because of His forgiveness. We respect and stand in awe of a God who would stand in our place, and take the punishment we deserve. Luther's small catechism, which is a part of the confessions of our church, explains the 1st Commandment, "You shall have no other gods", like this:
"We should fear, love, and trust in God above all things." Although the Law of God always accuses us, the good news of forgiveness is what imparts faith and love to our dead, sinful hearts.