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An insult.

A 'jam rag' defined would be a piece of cloth used to absorb blood from the menstrul cycle.

Ergo, the person the insult is fired at is the rag.
jam rag by Maryy December 27, 2007
a garment of clothing or a handtowell used to wipe up one's wank juice after a five-knuckle shuffle.
"craig you mad ed, dont throw your crusty jam rag at me! Oh great, now the dogs licking it!"
jam rag by corpsio October 8, 2005
The cloth or paper towel used to wipe away the jam from one's face after devouring a jam filled doughnut.
After polishing a doughnut off in the cafe she grabbed a paper napkin to wipe away the excess jam residue from her lips and surrounding area thus creating a 'Jam Rag'
Jam rag by chrisbibby September 28, 2009