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In a bowl mix flour, baking powder, baking soda and salt. Set aside.
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In a mixer bowl add eggs, powdered sugar and cream cheese.
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Mix on low speed until smooth.
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Add milk and optional food coloring. Mix.
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Add flour mixture and mix in two separate additions.
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Slowly pour the wine in the batter while mixing.
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Preheat oven 375*.
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Spray Pam in a spring form pan.
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Pour and spoon the batter in the pan and spread evenly.
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Drop five dollops of rasberry jam on top of the batter.
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One dollop in the middle and four one each side.
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With a knife, cut straight down in the batter with four figure eights,.
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cutting through the dollops of jam.
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Bake 45 minutes to 1 hour.
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The bread is done when the middle springs back when gently pressed.
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Take out of oven and cool ten minutes.
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Release the spring form sides of the pan.
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Cut across the bread in one inch wide slices and in half.
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Place on a flat baking pan.
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Place the pan about four inches away from the broiler at 450*.
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Toast each side of the bread. About 3 to 4 minutes.
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Take the pan out of the oven and flip the bread slices at the same time.
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Serve with margarine or butter or plain.