I do not have enough access privileges for this operation

I am trying to set up my wifes itunes on her new iMac with my account info so we can sync and start using our new ipads. The problem is that I have the above warning when I start iTunes. I can access itunes when I click ok but I can not authorize the account.
When I try to authorize the following warning shows up
There was an error storing your authorizaton information on this computer. The rerequired directory was not found or has a permission error. correct permissions problem and try again or deauthorize this computer if the permissions can not be changed.
I checked previous post and used the terminal. I checked info to make sure I am read and write, and I get a similar errlor when I try to deauthorize the account which i dont believe was ever set up. My wife does not think she set anything up.
I have iTunes 10.5.2
any help would be appreciated
Corey

Try here:
iPhone - not enough access privileges: Apple Support Communities

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