Being a Community Moderator is a lot of fun, but my conduct and content still needs to be within the Terms of Use like every other user.
imgflip.com/terms
When I take an action as a Moderator, I need to be confident it's the right one. There are other Global and Community Moderators that can see the actions I take.
Being a Stream Moderator comes with some abilities, like being able to delete comments on image pages or edit image titles in their stream. Just because Moderators can delete other user's comments or edit image titles, that doesn't necessarily mean they should. Users tend to notice that type of thing and may perceive those actions as abuse or harassment. Stream Owners and Stream Moderators are supposed to uphold the Terms of Use.
If I started randomly deleting user comments in the fun stream or in this stream that are within the Terms, simply because I didn't like the user or disagreed with the message, the stream owner could remove me from being a Moderator and the site owner could remove my role as a Community Moderator.