The "Microsoft Visual C++ Compiler for Python 2.7" download has now been completely removed by Microsoft. (Which BTW, means the Chocolatey install won't work either as it was relying on the Microsoft website as a source.)
As a last resort, the file is available from the Internet Archive. Prefer any other source though, the last thing we want is to hammer the Wayback Machine with unnecessary download requests.
https://web.archive.org/web/20210106040224/https://download.microsoft.com/download/7/9/6/796EF2E4-801B-4FC4-AB28-B59FBF6D907B/VCForPython27.msi
Here are the hashes to verify integrity in case you grab the file from elsewhere:
SHA-1: 7800d037ba962f288f9b952001106d35ef57befe
SHA-256: 070474db76a2e625513a5835df4595df9324d820f9cc97eab2a596dcbc2f5cbf
SHA-512: 155b52a2ed59730983346899a96f42eb76ff5b4c2b7deb8b5946008b95bb0c6c1e6da31c80b7c68f5fe6881ddaa65ce321c6a52f3b0fc34ee98b4dd8dfa42772