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In a large mixing bowl, cream together the shortening, sugar, vanilla, and salt with an electric mixer.
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Add the egg and beat mixture until it's fluffy.
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Add the baking soda and mix for about 20 seconds, then add the buttermilk and mix for an additional 30 seconds.
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In another bowl, combine the flour and baking powder.
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Pour dry ingredients into wet ingredients and mix well with an electric mixer until flour is incorporated.
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Roll the dough into a ball, cover it with plastic wrap and then chill it for 1 hour.
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Preheat oven to 325°.
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Roll dough out on a well floured surface to 1/8 inch thick and punch out cookies with a 1 1/2 to 2 inch cutter.
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Arrange cookies on an ungreased cookie sheet.
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Bake for 12/15 minutes or until golden brown.