Unable to create initial db (syncdb)

I followed the instructions, installed all of the dependencies. Yet, when I try to create the syncdb, I get these errors. Any ideas what might be happening here:

 sudo python manage.py syncdb

Traceback (most recent call last):
  File "manage.py", line 13, in <module>
    execute_from_command_line(sys.argv)
  File "/usr/local/lib64/python2.6/site-packages/django/core/management/__init__.py", line 429, in execute_from_command_line
    utility.execute()
  File "/usr/local/lib64/python2.6/site-packages/django/core/management/__init__.py", line 379, in execute
    self.fetch_command(subcommand).run_from_argv(self.argv)
  File "/usr/local/lib64/python2.6/site-packages/django/core/management/base.py", line 191, in run_from_argv
    self.execute(*args, **options.__dict__)
  File "/usr/local/lib64/python2.6/site-packages/django/core/management/base.py", line 219, in execute
    self.validate()
  File "/usr/local/lib64/python2.6/site-packages/django/core/management/base.py", line 249, in validate
    num_errors = get_validation_errors(s, app)
  File "/usr/local/lib64/python2.6/site-packages/django/core/management/validation.py", line 35, in get_validation_errors
    for (app_name, error) in get_app_errors().items():
  File "/usr/local/lib64/python2.6/site-packages/django/db/models/loading.py", line 146, in get_app_errors
    self._populate()
  File "/usr/local/lib64/python2.6/site-packages/django/db/models/loading.py", line 64, in _populate
    self.load_app(app_name)
  File "/usr/local/lib64/python2.6/site-packages/django/db/models/loading.py", line 78, in load_app
    models = import_module('.models', app_name)
  File "/usr/local/lib64/python2.6/site-packages/django/utils/importlib.py", line 35, in import_module
    __import__(name)
  File "/opt/graphite/webapp/graphite/events/models.py", line 6, in <module>
    from tagging.managers import ModelTaggedItemManager
  File "/usr/local/lib64/python2.6/site-packages/tagging/managers.py", line 8, in <module>
    from .models import Tag, TaggedItem
  File "/usr/local/lib64/python2.6/site-packages/tagging/models.py", line 7, in <module>
    from django.utils.encoding import python_2_unicode_compatible
ImportError: cannot import name python_2_unicode_compatible