"But of Him are ye in Christ Jesus, who of God is made unto us wisdom, and righteousness, and sanctification, and redemption: That, according as it is written, he that glorieth, let him glory in the Lord." 1 Cor 1:30-31

Folly of Sin - wisdom
Failure of Sin -  righteousness
Filthiness of Sin - sanctification
Fetters of Sin - redemption

Read Part 1, Part 2.