Python Install?

I’m using Slackware 10.1 (actually Slackware current) and am having major difficulties getting blender’s tutorials to run.
I found out how to set the PYTHONPATH and PYTHONHOME variables
I first tried using python that was already installed (2.4) but it seems blender didn’t like that so I downloaded and installed python 2.3.5
from source And I still get an error of

Traceback (most recent call last):
File “<string>”, line 43, in ?
File “/usr/local/lib/python2.3/”, line 43, in open
get().open(url, new, autoraise)
File “/usr/local/lib/python2.3/”, line 159, in open
self._remote("-n ‘%s’" % url, autoraise)
File “/usr/local/lib/python2.3/”, line 149, in _remote
import time
ImportError: No module named time

How do I install the time module. Maybe this is a python question
but I cant find seem to find the answer anywhere.
Don’t others have this issue?
I’m using the binary blender distrobutions as I can get blender to
compile and don’t have the time to figure that problem out yet but
the issue is with python. I saw a link to a forum that no longer exists about faking a file does anyone know about this?

Seeing as this is a python specific question, I have moved it to the Python forum.