If statements working for me in Python 2.7

I am trying to write a program to write and read files on fictional people for fun, however, something to do with my if statements is preventing it from working.

initAction = open
File Path or other local file? (Choose FP or LF or exit)exit
fileToOpen = ??????? Why here?
File not found
File Path or other local file? (Choose FP or LF or exit)LP
fileToOpen = ??????? Why here?
File not found
File Path or other local file? (Choose FP or LF or exit)exit
fileToOpen = 
>>> ================================ RESTART ===================
>>> 
initAction = write
File Path or other local file? (Choose FP or LF or exit)
>>> ================================ RESTART ===================
>>> 
initAction = exit
File Path or other local file? (Choose FP or LF or exit)>??????
fileToOpen = 

I'm not sure why this is happening for this code (It is nowhere near finished, by the way.):

import time
import os
import sys


running = True

while running:
    initAction = ''
    secAction = ''
    fileToOpen = ''
    PersonName = ''
    PersonSchool = ''
    PersonNotes = []
    PersonProperties = {}
    fileFound = False
    exited = False

    initAction = raw_input('initAction = ')
    #OPENING#
    if initAction == 'open' or 'read':
        while not fileFound:

            secAction = raw_input('File Path or other local file? (Choose FP or LF or exit)')
            if secAction == 'exit':
                fileFound = False
                exited = True
            elif secAction == 'FP':
                fileToOpen = raw_input('fileToOpen = ')
                if not fileToOpen.endswith('.txt'):
                    fileName = fileToOpen + '.txt'
                else:
                    fileName = fileToOpen

            fileToOpen = raw_input('fileToOpen = ')

            fileName = fileToOpen + '.txt'

            try:
                ReadPerson = open(fileName, 'r')
                fileFound = True

            except:
                print 'File not found'


            if not exited:
                pass
                #Add more here for reading file.
    #WRITING#
    if initAction == 'write' or 'create' or 'new':

        PersonName = raw_input('PersonName = ')


    if initAction == 'exit' or 'quit':
        running = False

    else:
        print 'Command not recognised'


exit()