Install Python 2.7 on Centos 5.* without breaking yum

doit

#!/bin/bash

# Source: http://toomuchdata.com/2012/06/25/how-to-install-python-2-7-3-on-centos-6-2/

yum groupinstall "Development tools"
yum install zlib-devel
yum install bzip2-devel openssl-devel ncurses-devel xz
wget http://www.python.org/ftp/python/2.7.6/Python-2.7.6.tar.xz
unxz Python-2.7.6.tar.xz
tar xf Python-2.7.6.tar
cd Python-2.7.6
./configure --prefix=/usr/local
make && make altinstall
/usr/local/bin/python2.7
set -o vi
wget http://pypi.python.org/packages/source/d/distribute/distribute-0.6.49.tar.gz
tar -xf distribute-0.6.49.tar.gz 
cd distribute-0.6.49
python2.7 setup.py install
/usr/local/bin/easy_install-2.7 virtualenv
/usr/local/bin/easy_install-2.7 pip