gistfile1.py

from contextlib import contextmanager
import sys, os

@contextmanager
def suppress_stdout():
    with open(os.devnull, "w") as devnull:
        old_stdout = sys.stdout
        sys.stdout = devnull
        try:  
            yield
        finally:
            sys.stdout = old_stdout

print "You can see this"
with suppress_stdout():
print "You cannot see this"
print "And you can see this again"