1010 preflop faces a big reraise..push or fold?

[ssnyc]

early in the Stars $10 10 minute tourney...big field 2,200 plus...Is my initial rasie okay or do we limp here...no huge reads but as usual at this level play is aggressive and loose...

Out of position here calling that large a bet made no sense so push or fold spot...my problem was at this stage people are making that move with anything from a legit hand to KJ or A 10...Gamble here or wait for a better spot?

PokerStars Game #10383516764: Tournament #52339322, $10+$1 Hold'em No
Limit - Level I (10/20) - 2007/06/11 - 14:09:01 (ET)
Table '52339322 231' 9-max Seat #3 is the button
Seat 1: villan 1 (1465 in chips)
Seat 2: --- (1520 in chips)
Seat 3: --- (1710 in chips)
Seat 4: --- (1260 in chips)
Seat 5: --- (1580 in chips)
Seat 6: --- (2305 in chips)
Seat 7: hero UTG+1 (1640 in chips)
Seat 8: villan 2 (685 in chips)
Seat 9: --- (1455 in chips)
---: posts small blind 10
---: posts big blind 20
*** HOLE CARDS ***
Dealt to hero [Th Ts]
---: folds
hero: raises 60 to 80
villan 2: calls 80
---: folds
Liptai: raises 240 to 320
4 folds
hero: ???
Villan 2: yet to act