Your file /usr/bin/python exists because you get the message:
ln: /usr/bin/python: File exists
but I see that it is a corrupted link to something that doesn't exist, because you get the message:
-bash: /usr/bin/python: No such file or directory
What you have to do to fix that is:
sudo rm /usr/bin/python # because that's a corrupted file
sudo ln -s /usr/bin/python2.7 /usr/bin/python # this line will work if your file /usr/bin/python2.7 is OK.
Hope that helps!