The system doesn't work like that, Roy.
The administrators that watch over us carefully watch the situation until a new moderator or super moderator is needed to keep things under control.
And just for an idea: mod jobs aren't as cool as they sound. You edit posts whenever someone does something bad, you close unneeded threads, and if you have the power, ban the people that are causing trouble. And THAT'S not as cool as it sounds, either.