No. Just no. I hate politics, and everything people will say would be lies. Notice how government people hardly ever stick to what they say? It would be the same thing on this. People would just smooth-talk themselves into mod position, and then they'll be in mod powers. I for one would certainly not want that.
I prefer to stick with what we have, which is people are picked for mod because how they act on the server and what they've done deserves to be mod. Not that they talked their way into it.