pg_dump problem Postgres 7.4

I cannot do a /usr/bin/pgdump with my new Postgres 7.4. When I try,
here is what I get:
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[ ~]$ /usr/bin/pg_dump dcf_20050404 >&
/home/japsey/DCF_RAID_01/source/sql/backup/bu/dcf_20050404_`date
+%y%m%d`.dmp

audit(1115732852.025:0): avc: denied { write } for pid=11023
exe=/usr/bin/pg_dump
path=/~/DCF_RAID_01/source/sql/backup/bu/dcf_20050404_050510.dmp
dev=sda3 ino=5522308 scontext=user_u:system_r:postgresql_t
tcontext=user_u:object_r:file_t tclass=file
audit(1115732852.025:0): avc: denied { write } for pid=11023
exe=/usr/bin/pg_dump
path=/~/DCF_RAID_01/source/sql/backup/bu/dcf_20050404_050510.dmp
dev=sda3 ino=5522308 scontext=user_u:system_r:postgresql_t
tcontext=user_u:object_r:file_t tclass=file
audit(1115732852.028:0): avc: denied { search } for pid=11023
exe=/usr/bin/pg_dump name=/ dev=sda3 ino=2
scontext=user_u:system_r:postgresql_t tcontext=system_u:object_r:file_t
tclass=dir
[ ~]$
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