Bash is primarily a batch / shell scripting language with far less support for various data types and all sorts of quirks around control structures -- not to mention compatibility issues.
Which is faster? Neither, because you are not comparing apples to apples here. If you had to sort an ascii text file and you were using tools like zcat, sort, uniq, and sed then you will smoke Python performance wise.
However, if you need a proper programming environment that supports floating point and various control flow, then Python wins hands down. If you wrote say a recursive algorithm in Bash and Python, the Python version will win in an order of magnitude or more.
