50NL - Ugh! Smart LAG

[Arcturus]

I don't run into these guys very often, but when I do, I screw up big time. This guy is 55/45/3.5 through 60 hands. He has been raising/opening for 4 BB almost every hand. However, he seems to be playing smart. He c-bets 65% of the time and has only check-raised once. The main thing to do against these guys is value bet, right? Well, up to this hand, I hadn't played in a hand for 25 straight (no cards). I know I played this awful.

PokerStars No-Limit Hold'em, $0.50 BB (6 handed) Poker Stars Converter Tool from FlopTurnRiver.com (Format: 2+2 Forums)

CO ($17.05)
Hero ($40.80)
SB ($51.75)
BB ($136.75)
UTG (Villain) ($76.25)
MP ($15.65)

Preflop: Hero is Button with K[img]/images/graemlins/diamond.gif[/img], T[img]/images/graemlins/club.gif[/img].
<font color="#CC3333">UTG raises to $2</font>, <font color="#666666">2 folds</font>, Hero calls $2, <font color="#666666">2 folds</font>.

This call is suspect. I don't normally call here, but a couple of factors led me to call. One, he has been raising 50% preflop. Two, I haven't had any cards. Three, I'm on the button. Four, the rest of the table except for the MP has been tight.

Flop: ($4.75) 7[img]/images/graemlins/heart.gif[/img], 3[img]/images/graemlins/club.gif[/img], 4[img]/images/graemlins/diamond.gif[/img] <font color="#0000FF">(2 players)</font>
<font color="#CC3333">UTG bets $2</font>, Hero calls $2.

His range is huge and I don't mind seeing another card. I will fold to aggression on turn if I don't hit.

Turn: ($8.75) K[img]/images/graemlins/spade.gif[/img] <font color="#0000FF">(2 players)</font>
<font color="#CC3333">UTG bets $1</font>, <font color="#CC3333">Hero raises to $7</font>, UTG calls $6.

He thought 20 seconds before calling my raise. Also, that is a weak turn bet by villain.

River: ($22.75) 8[img]/images/graemlins/heart.gif[/img] <font color="#0000FF">(2 players)</font>
<font color="#CC3333">UTG bets $13.5</font>, Hero calls $13.50.

Final Pot: $49.75

Also, any advice on how to play these guys?