Wolf in Sheep's Clothing Lyrics

Lyric discussion by reaper23 

Cover art for Wolf in Sheep's Clothing lyrics by Set It Off

I think this song is about a friend who stabbed him in the back and how the betrayal effected him and they saying how he wish he could get back at the friend for stabbing him in the back and the line karma gonna collect your debt means he is going to get revenge for what they did and No sir, by the way, what the hell are morals means the friend doesn't know what morals are

[Edit: thought I need to add more]

My Interpretation