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Preheat oven to 350 degrees F (175 degrees C).
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Line baking sheets with parchment paper.
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Cream the shortening, brown sugar and white sugar together until light and fluffy.
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Beat in the vanilla salt and eggs.
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Sift the flour, baking soda and baking powder, add to the creamed mixture and stir to combine.
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Stir in the oats, rice cereal, and nuts.
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Mix to combine.
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Form dough into walnut sized balls and place on the prepared baking sheets.
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Bake at 350 degrees F (175 degrees C) for 10 minutes.
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These cookies should still be very soft when taken from the oven.
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Place on a cooling rack and let cool completely before storing in airtight containers.